Law & Finance
There are two parts to this course. We begin with financial accounting: a system for measuring and communicating the outcomes of business activities to parties outside the firm. This section will: 1) provide you with a basic understanding of the concepts and principles underlying financial accounting practices; 2) make you comfortable with financial data pulled from regulatory filings; 3) enable you to have a conversation with your business clients; 4) make you aware of the care that must be taken when using financial accounting data as an information source; 5) provide you with the technical tools and references to analyze how a particular transaction affects a firm’s financial statements. In the second part of the course, we will study basic finance concepts such as the time value of money, risk, capital budgeting, appraisals, and dividend policies. We will focus on the legal instruments that facilitate debt and equity transactions. Depending on time and student interest, we will also cover some basic derivatives and M&A.